Beware of robber banks (RB), bad advisors.
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Huge selloff crashes the price of Bitcoin below $10,000
A sudden surge in sell orders has dropped the price of Bitcoin (BTC) below $10,000. The price of Bitcoin fell to $9,700 before heading even further, down to $9,400. At time of writing, the price is currently recovering a little, back up to $9,500 but the price action isn't over yet. Bitcoin only broke upwards through the $10,000 mark yesterday evening. It reached highs of $10,500 before falling back to $10,100 where it rested for most of today. "Bitcoin doing bitcoin things again," tweeted analyst Joseph Young, having noticed the price drop. "Welp. Looks like bitcoin didn’t fix this," added pocast host Udi ... (full story)